RECORD FOR YEARS

Ashburton Guardian, Volume 55, Issue 305, 8 October 1935, Page 7

RECORD FOR YEARS

PRICE OF BUTTER % IN LONDON.

A RUSH BY EXPORTERS. (Special to the “ Guardian.”) AUCKLAND, October 7. There will be a strong market for dairy produce in London at least until Christmas, in the opinion of Auckland exporters. The forward market lias again advanced, and 14s per lb Lo.b., equal to 1.17 s per cwt, London, has been paid for immediate shipment. This is easily the highest f.o.b. price for years. In addition, butter to land in England about the middle of December gis being bought at a price equal to 110 s per cwt. London reports indicate that Germany has been buying Baltic butters extensively. Stocks of all butters held in London have again

declined, and at 20,000 tons are only about half the quantity held at this time last year. Butter is being shipped from Auckland as fast as it can be moved from the grading stores. Actually, Saturday’s gradings are being moved. Cheese graded up to October lis now being shipped. Usually at this time of the year there is an interval of four or five days between grading dates and the shipment period lengthening as the season enters the flush. “We are practically waiting for the cows to be milked,” said a shipper. He mentioned the case of the New Zealand Star, which began loading on eSptem--ber 24, and completed' last Tuesday. The final loadings „ were of butter, which was manufactured on September 26—4 n. other words butter which was still milk not taken from the cows when the first loadings were made.

CONFERENCE ON MARKETING.

AUSTRALIA AND NEW ZEALAND

(United Press Association—Copyright! ' SYDNEY, October 7.

A conference of representatives of the Australian and New Zealand Dairy Boards opened to-day in Sydney. Mr T. Flood Plunkett, the chairman, cordially welcomed the New Zealand delegates, Messrs C. P. Agar, W. A. lorns; J. Dunlop, H. E. Davis, and T. C. Brash.

A general discussion took place on 'the new proposals, which it was stated New Zealand intended to adopt for the better marketing of export butter. Mr Plunkett said relationships between the two Dominions, which had to sell cold-stored butter in competition with fresh butters from other countries, made it essential that they should co-ordinate their efforts _ toward having their products sold to the best advantage overseas. A long debate followed on closer co-operation between the two boards, Reports were submitted showing the magnitude of the dairying and allied industries, and there was a general feeling among the delegates that a more uniform system of marketing should he evolved in the interests of the industry.

The conference will continue to-mor-row when the Federal Minister for Commerce, Dr. Earle Page, and his Ministerial assistant, Mr H. V. C. Thorby, will take part.